Vol.44, No.13
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W E E K O F M O N D A Y, M A R C H 2 8 , 2 0 2 2
THE REGISTRY REVIEW NEW HAMPSHIRE’S STATEWIDE REAL ESTATE & FINANCIAL NEWSPAPER A Publication of The Warren Group
WEEKLY SALES OF NOTE
S TAT E P O L I T I C S
Salem
379 S BROADWAY. . . . . . . . . . . . . . . . . . . . . . . . . . . . $4,750,000 B: Augustin S Ross S: Nettles LP Mtg: Lowell Five Cent Svgs $2,950,000 Use: Mixed Use-prim Comm & Other, Lot: 128066sf
Northwood
‘Missing Middle’ Housing Bill Tabled by House
FIRST NH TURNPIKE. . . . . . . . . . . . . . . . . . . . . . . . . . $3,500,000 B: Mountain View NH MHC LLC S: Northwood Mtn Vw Dev LLC
Proposal Would Have Overridden Local Zoning
Amherst
BY ETHAN DEWITT
0 COUNTY RD . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $3,000,000 B: Vonderosa Properties LLC S: William A Hazen Jr & Charles H Hazen Mtg: William A Hazen Jr $1,020,000
North Hampton
21 COTTON FARM LN. . . . . . . . . . . . . . . . . . . . . . . . . $2,640,000 B: James M Speltz Tr, Tr for James M Speltz RET S: Peter T Paul Tr, Tr for Peter T Paul LT Mtg: Leader Bank NA $650,000 Use: 4 Bdrm Colonial, Lot: 227383sf
Derry
2 ASHLEIGH DR. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,400,000 B: Westwin Properties LLC S: ASI Realty LLC Mtg: Bank of Rhode Island $1,900,000 Use: Restaurant/bar, Lot: 61420sf
Franklin
14 W BOW ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B: LRMSR One LLC S: Elm Grove North LLC Mtg: Service Credit Union $3,540,000 Use: Apartment Building, Lot: 20038sf 61 S MAIN ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B: LRMSR One LLC S: Elm Grove North LLC Mtg: Service Credit Union $3,540,000 Use: Apartment Building, Lot: 45302sf 63 E BOW ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B: LRMSR One LLC S: Elm Grove North LLC Mtg: Service Credit Union $3,540,000 Use: 2fam-5fam Residence, Lot: 43560sf 160 CENTRAL ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . . B: LRMSR One LLC S: Elm Grove North LLC Mtg: Service Credit Union $3,540,000 Use: 2fam-5fam Residence, Lot: 24829sf 39-41 ELKINS ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . . B: LRMSR One LLC S: Elm Grove North LLC Mtg: Service Credit Union $3,540,000 Use: 2fam-5fam Residence, Lot: 6098sf
$2,320,000
$2,320,000
$2,320,000
$2,320,000
$2,320,000
Hanover
8 PARADE GROUND RD. . . . . . . . . . . . . . . . . . . . . . . . $2,300,000 B: Wendy M Becker S: Robert W Lasher
NEW HAMPSHIRE BULLETIN
T
he New Hampshire House tabled a bill to override local zoning ordinances barring multi-family housing lots, dooming legislation advocates said could help address the housing crisis. In a 167-157 vote during the March 17 House session, the chamber voted to place the bill, House Bill 1177, on the table, an action that prevents its passage unless two-thirds of the body votes to remove it from the table.
“Should towns like Hampton Falls and Hampton be commanded by another top-down, one-size-fits-all solution to replace the suburbs with medium density apartment buildings?” – Rep. Max Abramson, R-Seabrook The issue crossed party lines somewhat; 17 Republicans broke with their party to vote against tabling the bill, while eight Democrats voted in favor of it. The bill would have required planning boards to allow owners of single-family homes
PG
3 3 4 4 5 5 7 8 9 9 10 10 10 10
$425,000 425000 $400,000 400000
REAL ESTATE RECORDS
$375,000 375000
TRANSACTIONS THRU
Belknap �������������������������� 03/11/22 Carroll ���������������������������� 03/11/22 Cheshire ������������������������ 03/11/22 Coos �������������������������������� 03/11/22 Grafton ���������������������������� 03/11/22 Hillsborough ������������������ 03/11/22 Merrimack ���������������������� 03/11/22 Rockingham ������������������ 03/11/22 Strafford ������������������������ 03/11/22 Sullivan �������������������������� 03/11/22 Bankruptcies Lien & Attachments Foreclosure, Mortgagee & Other Lien Auctions Requests for Bids & Proposals
and towns could impose other zoning restrictions on the positioning and appearance of the homes. Supporters of the bill had portrayed it as a means to increase housing stock in towns and cities without large apartment complexes – which tend to draw controversy – by creating “infill” housing that uses existing homes and buildings.
Single-Family Median Sales Price
INDEX COUNTY
and lots to create property subdivisions for up to four units, overriding single-family home zoning restrictions in those towns. Under the bill, the units could be a fourunit building; four separate units; four townhouses; two duplexes; one duplex and two accessory dwelling units; or one single-family home with three accessory dwelling units. The bill would apply only to properties that are already serviced by water and sewer lines,
NEW HAMPSHIRE MARKET STATISTICS
Salem
103 STILES RD U:101;201-203. . . . . . . . . . . . . . . . . . $1,950,000 B: 103 Stiles LLC S: TKD Properties LLC Mtg: Bank of New Hampshire $1,462,500 Use: Office Condo Unit, Lot: 5663sf
Legislators crossed party lines to support and oppose killing a bill meant to help build the 20,000 to 30,000 new homes experts say New Hampshire needs.
$350,000 350000 $325,000 325000 $300,000 300000
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Feb. March Mar. April Apr. May May June June July July Aug. Aug. Sept. Sept. Oct. Oct. Nov. Nov. Dec Dec. Jan. Jan. Feb. Feb. Feb. ’21
’22
Number 400000 $400,000 of Sales 360000 $360,000
Year
Median Price
Change Prior Year
320000 $320,000
Feb. 2018
$238,000
1.28%
280000 $280,000
Feb. 2019
$252,000
5.88%
240000 $240,000
Feb. 2020
$277,767
10.2%
Feb. 2021
$327,767
18.00%
Feb. 2022
$365,000
11.36%
200000 $200,000
Continued on Page 12
Feb.
Feb. ’18
Feb.
Feb. ’19
Feb.
Feb. ’20
Feb.
Feb. ’21
Feb.
Feb. ’22
q Statistics based on single-family home sales of $1,000 q Source: The Warren Group
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